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Other responsibilities include administration of matters related to taxes, duties and other revenue related fees/charges and prevention of smuggling. Under the overall control of IRD, NBR administers the excise, VAT, customs and income-tax services consisting of 3434 officers of various grades and 10195 supporting staff positions.
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
The Labour Appellate Tribunal is a specialized court that is responsible for hearing appeals against verdicts of labour courts in Bangladesh. [1] [2] The tribunal must hear cases within 180 days. [1] All decisions of the tribunal can be appealed at the High Court Division. [1] There are 13 labour courts in Bangladesh. [3]
The introduction of the GST was very controversial. As of January 1, 2012, the GST stood at 5%. As of July 1, 2010, the federal GST and the regional Provincial Sales Tax (PST) were 'harmonized' into a single value-added sales tax, called the Harmonized Sales Tax (HST).
The government of Bangladesh has set an ambitious target of generating 30 million new job opportunities by the year 2030. [3] In its endeavor to improve labor conditions and expand employment opportunities, the Government of Bangladesh has undertaken significant initiatives to establish a specialized entity known as the "Directorate of Employment."
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The Minimum Wage Board (Bengali: নিম্নতম মজুরী বোর্ড) is a Bangladesh government regulatory agency under the Ministry of Labour and Employment responsible for recommending changes to the minimum wage, which varies by industry, to the government. [1]